405 E Truth St APT 1, Shullsburg, WI, 53586
About This Home
Grow your investment portfolio with this 12-unit multifamily opportunity featuring four townhouse-style buildings in a quiet rural setting just outside Shullsburg. An ideal fit for the investor ready to move from owning a few rental properties to a larger income-producing asset. Built with low-maintenance slab-on-grade construction, the property also features a newer roof, several updated units, accessible units and parking, private 4' x 6' storage for each tenant, approximately 25 off-street parking spaces, and a shared laundry facility with two newer coin-operated washers and dryers recently added by the owner. Convenient on-site maintenance help is available if desired. Located about 30 minutes from Dubuque and 25 minutes from Platteville, this is an excellent opportunity to expand your rental portfolio. See the Offering Memorandum in the MLS documents for additional financial details.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1993
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven (Unit 1),Refrigerator (Unit 1),Range/Oven (Unit 2),Refrigerator (Unit 2),Range/Oven (Unit 3),Refrigerator (Unit 3)
- Laundry features: Common Area
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Features
- Family/Rec Room (Unit 1),Dining Room (Unit 1),Separate Storage (Unit 1),Family/Rec Room (Unit 2),Dining Room (Unit 2),Separate Storage (Unit 2),Family/Rec Room (Unit 3),Dining Room (Unit 3),Separate Storage (Unit 3)
Heating & Cooling
- Heating features: Natural Gas,Forced Air,Individual Heat Control (Unit 1),Individual Heat Control (Unit 2),Individual Heat Control (Unit 3)
- Cooling features: Air Conditioning (Unit 1),Air Conditioning (Unit 2),Air Conditioning (Unit 3)
Interior Area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Property
Details
- Parcel number: 28105500000
- Zoning: R-5
- Exclusions: Tenant AC units
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 1),Balcony/Patio (Unit 2),Balcony/Patio (Unit 3)
Lot
- Lot size: 2.04 Acres
Parking
- Total spaces: 24
- Parking features: 2 spaces,Outside,Asphalt,Extra space available,Off Street,Parking Lot,Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,085 | $97,020 |
| Home Insurance * | $880 | $10,560 |
| Property Taxes | $1,652 | $19,824 |
| Electricity | $328 | $3,946 |
| Total | $10,945 | $131,340 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Listed for sale | $1,599,000 |
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